India, Jan. 2 -- Cottonseed oil cake prices edged higher on Friday as speculators built fresh positions amid rising demand.

On the National Commodity and Derivatives Exchange (NCDEX), cottonseed oil cake futures for January delivery rose by Rs 14, or 0.45 per cent, to Rs 3,160 per quintal, with an open interest of 30,270 lots.

Market participants said prices were supported by increased demand for cattle feed, which encouraged traders to expand positions in the futures market.

Published by HT Digital Content Services with permission from Dion Global Solutions Limited....